Tag #Government Debt

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news.sky.com

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Nov 21, 16:44

UK Government Borrowing Hits Second Highest October Record

UK government borrowing rose to £17.4bn in October, exceeding predictions and marking the second highest October figure since records began. Higher interest rates, increased spending, and public sector pay rises contributed to the rise.

UK Government Borrowing Hits Second Highest October Record

UK government borrowing rose to £17.4bn in October, exceeding predictions and marking the second highest October figure since records began. Higher interest rates, increased spending, and public sector pay rises contributed to the rise.

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How do the October borrowing figures compare to previous years and economist predictions?

The increase is attributed to higher interest rates, increased spending on public services and benefits, and public sector pay rises. Despite increased tax revenue, spending rose faster, resulting in a significant gap between income and expenditure.

elmundo.es

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Nov 5, 16:13

AIReF Rejects Spain's Fiscal Plan

Spain's Fiscal and Structural Plan is criticized by the AIReF for lacking detail and sufficient measures to meet EU deficit and debt reduction goals.

AIReF Rejects Spain's Fiscal Plan

Spain's Fiscal and Structural Plan is criticized by the AIReF for lacking detail and sufficient measures to meet EU deficit and debt reduction goals.

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Why is the AIReF's opinion on the Spanish plan considered significant?

The AIReF's rejection is significant because the institution is a key reference point for the European Commission in evaluating Spanish fiscal plans. The AIReF's assessment casts doubt on the government's ability to meet EU fiscal rules without further action.

Showing 73 to 74 of 74 results